American Realty Capital Properties, Inc. ("ARCP") (NASDAQ: ARCP) and American Realty Capital Trust IV, Inc. ("ARCT IV") announced today that they have signed an amendment to the previously announced definitive merger agreement (the "Merger Agreement") between the two companies. This amendment was precipitated by recent challenging conditions in the capital markets that had a material effect on the economic terms of the original Merger Agreement, and were arrived at following considerable discussions between the two companies, and in consultation with their respective financial and legal advisors. ARCP's pending merger with ARCT IV (the "ARCT IV merger") is expected to close in the fourth quarter 2013, subject to SEC review and an affirmative vote of the ARCT IV stockholders.